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Mentha oil settled up by 1.01% at 941.9 rising demand at the spot market following restricted arrivals from producing belts of Chandausi in Uttar Pradesh. Investors are flocking to mentha oil in anticipation of an increase in prices owing to a 36% fall in production this year.
Trading Ideas:
Menthaoil trading range for the day is 914.5-959.1.
Mentha oil spot at Sambhal closed at 1057.00 per 1kg. Spot prices is down by Rs.-1.10/-.
Mentha oil prices ended with gains rising demand at the spot market following restricted arrivals from producing belts of Chandausi in Uttar Pradesh.
Epic Research recommends Mentha oil trading range for the day is 825.3-845.9. For more updated Agri market news traders can join this advisory firm.
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